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Yale team poses for a photo before opening the Nasdaq.
from l to r. Michael Simpson, Ayung Tseng, Martin Wexler, Steven Hao, and Stephen Oshman.
© 2009, The NASDAQ OMX Group, Inc. Reprinted with permission. |
The Yale University team was selected as the winner of the 7th Annual Investment Research Challenge, held on February 19 at Thomson Reuters in Times Square. This year's winning team opened the NASDAQ Stock Market on February 27 and will compete in the 3rd Annual Global Investment Research Challenge in London.
"This was truly an incredible experience for the entire team. By working with a group of both undergrads and MBA candidates, we were able learn from each other's strengths and develop a good mix of complementary skills” said Steven Hao, Yale’s team captain. “Although there was a huge amount of hard work involved, we definitely had a lot of fun, and will leave this competition with many good memories. Looking ahead, we are very excited to represent NYSSA at the CFA Institute GlobalFinals, and hope to leave a lasting mark on the world stage."
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| NYSSA executive director Alvin Kressler presents awards to the Yale team. |
Steven Hao, Ayung Tseng, Martin Wexler, Stephen Oshman, and Michael Simpson led Yale to the title. They were followed by Columbia University in second place, Rutgers Business School – Newark and New Brunswick in third place, and Fordham University’s Graduate School of Business in fourth place.
The Yale team will now advance to the CFA Institute Global Investment Research Challenge to face teams from Asia-Pacific, Europe, and other North American teams. This year, the Global Challenge features local competitions with more than 400 student participants from over 80 countries worldwide.
Premier sponsors for the NYSSA Investment Research Challenge were EDGAR Online and Thomson Reuters. EDGAR Online (NASDAQ: EDGR), supplied students with access to its award winning I-Metrix product, a suite of interactive XBRL data applications and analytical tools that facilitate research. Thomson Reuters (NYSE: TRI), hosted the panel presentations on February 19.
